Archive for May 27th, 2016

Foreign Exchange Insights and Next Week

Next Week

May 27, 2016

Central Banks:  Central Bank of Iceland and European Central Bank hold policy meetings.  ECB President will preside over a press conference, and new macroeconomic forecasts are due.  The Fed releases its Beige Book, and Kaplan, Evans, Bullard and Powell are Fed officials with speaking engagements in the week.  Holidays and Special Releases:  U.S. and British […] More

New Overnight Developments Abroad - Daily Update

Waiting for Yellen

May 27, 2016

Markets await clarification of FOMC policy when Chair Yellen speaks today at Harvard. The dollar rose 0.5% against the loonie but is otherwise very narrowly mixed. West Texas Intermediate oil and Comex gold fell by 0.7% to $49.12 per barrel and 0.2% to $1,217.80 per ounce. The 10-year German bund yield is two basis point lower […] More